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Produktbild: Cryptocurrency Mining For Dummies

Cryptocurrency Mining For Dummies

26,99 €

inkl. gesetzl. MwSt., Versandkostenfrei

Beschreibung

Produktdetails

Einband

Taschenbuch

Erscheinungsdatum

03.11.2022

Verlag

John Wiley & Sons Inc

Seitenzahl

352

Maße (L/B/H)

25,4/23,3/2,2 cm

Gewicht

490 g

Auflage

2. Auflage

Sprache

Englisch

ISBN

978-1-119-88536-8

Beschreibung

Produktdetails

Einband

Taschenbuch

Erscheinungsdatum

03.11.2022

Verlag

John Wiley & Sons Inc

Seitenzahl

352

Maße (L/B/H)

25,4/23,3/2,2 cm

Gewicht

490 g

Auflage

2. Auflage

Sprache

Englisch

ISBN

978-1-119-88536-8

Herstelleradresse

Libri GmbH
Europaallee 1
36244 Bad Hersfeld
DE

Email: GPSR Kontakt

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  • Produktbild: Cryptocurrency Mining For Dummies
  • Introduction 1
     
    About This Book 1
     
    Foolish Assumptions 2
     
    Icons Used in This Book 2
     
    Beyond the Book 3
     
    Where to Go from Here 3
     
    Part 1: Getting Started with Cryptocurrency Mining 5
     
    Chapter 1: Cryptocurrency Explained 7
     
    A Short History of Digital Dollars 8
     
    First, take the Internet 8
     
    Add credit card confusion 8
     
    Add a dash of David Chaum 9
     
    Result? DigiCash, E-Gold, Millicent, CyberCash, and More 10
     
    The Bitcoin white paper 10
     
    Bitcoin: The first blockchain app 11
     
    Who (or what) is Satoshi Nakamoto? 12
     
    What's the Blockchain? 13
     
    Blockchain around the world -- the blockchain network 13
     
    Hashing: "Fingerprinting" blocks 14
     
    Blockchain is "immutable" 15
     
    Where's the Money? 16
     
    What's the Crypto in Cryptocurrency? 18
     
    Public Key Encryption Magic 20
     
    Messages to the blockchain 21
     
    Signing messages with the private key 22
     
    The blockchain address -- your money's home 22
     
    Sending a transaction message 23
     
    Unraveling the message 24
     
    The Basic Components of Cryptocurrency 25
     
    What's in a wallet? 25
     
    Private keys create public keys 26
     
    Public keys create blockchain addresses 26
     
    The private key controls the address 26
     
    Where Does Crypto Come From? The Crypto Mines (Sometimes) 27
     
    Chapter 2: Understanding Cryptocurrency Mining 29
     
    Understanding Decentralized Currencies 30
     
    Exploring the Role of the Crypto Miner 31
     
    Making Cryptocurrency Trustworthy 32
     
    Reaching Agreement through Consensus Algorithms 34
     
    Looking at the Cryptocurrency Miner 35
     
    Making the Crypto World Go 'Round 37
     
    Chapter 3: Building Blocks: The Transaction's Journey to the Blockchain 39
     
    The Cryptocurrency Network 40
     
    Submitting Transactions 44
     
    Looking at transaction fees 44
     
    Change address 46
     
    Verifying the transaction 47
     
    Competing for Bitcoin, the ten-minute contest 48
     
    Winning the Bitcoin 50
     
    Chapter 4: Exploring the Different Forms of Mining 53
     
    Proof-of-Work Algorithms 53
     
    Proof-of-work applications 55
     
    Proof-of-work examples 56
     
    Upsides 58
     
    Downsides 59
     
    Proof-of-Stake Algorithms 60
     
    Proof of stake explained 60
     
    Proof-of-stake selections 62
     
    PoS example cryptocurrencies 63
     
    Upsides 64
     
    Downsides 64
     
    Hybrid Proof of Stake/Proof of Work 65
     
    Hybrids explained 66
     
    Hybridized examples 68
     
    Upsides 68
     
    Downsides 69
     
    Delegated Proof of Stake 69
     
    Delegated Byzantine Fault Tolerance 69
     
    Proof of Burn 70
     
    And More 71
     
    Part 2: the Evolution of Cryptocurrency Mining 73
     
    Chapter 5: The Evolution of Mining 75
     
    Proof of Work Mining Evolution 76
     
    CPU mining 76
     
    Adoption of GPUs 76
     
    Rise of the FPGAs 77
     
    Dominance and efficiency of ASICs 77
     
    The Days of Solo Mining 79
     
    Pool Mining 80
     
    What is a mining pool? 80
     
    Choosing a pool 81
     
    Pros and cons of pool mining 82
     
    Cloud Mining 83
     
    Pool mining versus cloud mining 84
     
    Pros and cons of cloud mining 84
     
    Chapter 6: The Future of Cryptocurrency Mining 85
     
    Incentivization of Energy Exploration 85
     
    Underutilized hydroelectric dams 86
     
    Oil and gas flaring 87
     
    Continued Computational Efficie